Global Vision Direct Ltd

Global Vision Direct Ltd is a small holding company based in London, UK, with an active status. Founded fourteen years ago in 2010, it employs seven people and holds assets totaling £2,609,646. The company operates from a virtual address – a detail highlighted by the fact that 280 companies are registered at the same location. It’s managed by two directors and has one owner, and runs an e-commerce site. The business regularly imports furniture, lighting, and prefabricated buildings (134 months of import activity), and has sporadically exported similar goods (just one month of export activity).

The company’s website showcases a wholesale business specializing in furniture and home décor, with a particular focus on artisan-led production in Rajasthan, India. It emphasizes sustainability and direct-to-retail sourcing, bypassing traditional middlemen. A key aspect is the company’s involvement with high-end piano restoration through a separate division, 1066 Pianos, which operates from Cambridge and has a showroom in Harrods. This dual focus – wholesale furniture and piano restoration – presents an interesting business model.

Financially, Global Vision Direct Ltd shows a mixed picture. While cash reserves increased by a solid 10% to £1,600,000, net assets only grew by 13% to £1,900,000. Bank borrowings were reduced by 55% to £14,000, which is a positive sign. However, the company's current assets decreased by 5.9% to £2,300,000, and trade debtors remained unchanged at £770,000. Creditors decreased by 47% to £150,000, suggesting improved debt management. The company's small size (meeting two of three criteria for being a small company) allows for agility, but the slight decrease in current assets warrants further investigation. As a small company, it is exempt from an audit, so the financial data is unaudited. The company's reliance on direct sourcing and artisan production, combined with the dual focus on furniture and pianos, could be a strength – or a source of complexity.

Registered in England/Wales under the registration number 07421550, with a registered address at W1U 7BU, United Kingdom, London, Fifth Floor Watson House, 54-60 Baker Street.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.